we know f & o is business
but if frequency and volume is low can we treat it as capital gain ?
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f&o classification
Replies (3)
Not capital gain, but can be considered under IFOS ,,,,
so in column 4 . OTHERS in IFOS
can I mention income from f&o and write actual gain figure ? Gain Amount is low. Salary is the main source of income.
can I mention income from f&o and write actual gain figure ? Gain Amount is low. Salary is the main source of income.
Do not forget 'It should be low Volume & Frequency' ....& not just Low gain/profit....
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